Dunion Taiyang Sheng Shoes to invest $10.2 million in BEPZA economic zone
Dunion Taiyang Sheng Shoes (BD) Co. Ltd., a Chinese footwear company, will invest US$ 10.20 million in the BEPZA Economic Zone (BEPZA EZ) to establish a new footwear manufacturing facility. The agreement was signed at the BEPZA Complex in Dhaka in the presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, BSP, ndc, psc.
The agreement was signed by Mr. Md. Ashraful Kabir, Member (Investment Promotion), on behalf of BEPZA, and Mr. Ye Yary, Chairman of Dunion Taiyang Sheng Shoes (BD) Co. Ltd., on behalf of the company.
The company plans to produce 2.10 million pairs of footwear annually, including sandals, flats, high heels, pumps, booties, boots, and sports shoes. The project is expected to create employment opportunities for 1,939 Bangladeshi nationals.
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BEPZA Executive Chairman Major General Ziaur Rahman expressed gratitude to Dunion Taiyang Sheng Shoes for selecting BEPZA EZ as their investment destination. He emphasised BEPZA's commitment to providing a secure and supportive environment for investors. He also urged the company to optimise land use, design efficient factories for potential vertical expansion, and incorporate environment-friendly features such as rooftop solar panels and rainwater harvesting systems.
The signing ceremony was attended by senior BEPZA officials, including Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Public Relations) A S M Anwar Parvez, and representatives of Dunion Taiyang Sheng Shoes (BD) Co. Ltd.
